Stock market in May: more challenges await

Stock market in May: more challenges await

The Vietnam’s stock market started May with several negative signals, prompting investors to concern that the phenomenon ‘sell in May and go away’ will recur.

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(Illustrative photo: SGGP)

Agency leader prompts dyke reinforcement to cope with erratic natural disasters

In an interview with Sai Gon Giai Phong Newspaper, Mr. Vu Xuan Thanh, deputy chief of the General Department of Natural Disaster Prevention and Control under the Ministry of Agriculture and Rural Development, emphasized the need of fortifying the dyke system to cope with natural disasters, which have been erratic and not followed laws of nature.


The total number of foreign investors participating in Vietnam’s securities market has reached 29,454 (Photo: VNA)

More foreign investors join Vietnam’s securities market

About 190 foreign investors were granted securities trading codes in February, bringing the total number of foreign investors participating in Vietnam’s securities market to 29,454, according to statistics of the Vietnam Securities Depository (VSD). 
Securities market needs improvement to attract investment

Securities market needs improvement to attract investment

According to Ms. Ta Thanh Binh, head of the Securities Market Development Department under the State Securities Commission, economic positive prospects this year will create great favorable conditions for Vietnam’s stock market.
Vietnam Stock Exchange to be established

Vietnam Stock Exchange to be established

Prime Minister Nguyen Xuan Phuc has approved the project to establish Vietnam Stock Exchange with head quarter locating in Hanoi by reorganizing the Hanoi Stock Exchange and Ho Chi Minh City Stock Exchange.

Market cap accounts for 72 percent of GDP in 2018

Market cap accounts for 72 percent of GDP in 2018

Stock market capitalization reached VND3,900 trillion (US$167.75 billion) by December 28 last year, up 12.7 percent compared to the end of 2017, or 72 percent of gross domestic product, according to the Ministry of Finance.
VN-Index gains nearly 10 points

VN-Index gains nearly 10 points

In response to upward momentum on global stock markets, the Vietnam’s market also had an impressive trading session on January 9 with several blue-chips strongly jumping.